Infrared Imaging Market is Projected to Grow US$ 7.0 Billion by 2024

New York, December 07, 2018: The Infrared Imaging Market is expected to exceed more than US$ 7.5 Billion by 2024 at a CAGR of 7% in the given forecast period.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Flir Systems, Fluke, Sensors Unlimited, Leonardo Drs, Axis Communications, Xenics, Opgal Optronic Industries, New Imaging Technologies, Allied Vision Technologies and Sofradir. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The scope of the report includes a detailed study of Infrared Imaging Market with the reasons given for variations in the growth of the industry in certain regions.

The major driving factors of Infrared Imaging Market are as follows:

· High Adoption in Security and Surveillance Application

· Increasing Adoption of Infrared Cameras in Quality Control and Inspection Application

The major restraining factors of Infrared Imaging Market are as follows:

Stringent Import and Export Regulations
The major opportunities factor of Infrared Imaging Market are as follows:

Emerging Application Areas for SWIR Cameras
Penetration of Infrared Cameras in Consumer Electronics Industry
The major challenges factor of Infrared Imaging Market are as follows:

· High Cost of Infrared Cameras

· Designing Highly Accurate Cameras

The Infrared Imaging Market is segmented on the Basis of Vertical Type, Wavelength Type, Technology Type, Application Type and Regional Analysis. By Vertical Type this market is segmented on the basis of Industrial and Nonindustrial.

By Wavelength Type this market is segmented on the basis of Near Infrared, Shortwave Infrared, Mid-wave Infrared and Long-wave Infrared. By Technology Type this market is segmented on the basis of Cooled Infrared Imaging and Uncooled Infrared Imaging. By Application Type this market is segmented on the basis of Security & Surveillance, Monitoring & Inspection and Detection. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

This report provides:

1) An overview of the global market for Infrared Imaging Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for Infrared Imaging Market

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The technique of capturing and changing invisible infrared images into visible pictures is termed infrared imaging. visible light is well detected by the human eye, however to ascertain infrared light it is important to have infrared cameras and imagers. These devices possess special sensors that operate without the requirement of visible light. The radiations within the infrared imaging technique are emitted by the targeted objects or are reflected radiations. The imaging devices have infrared illuminator lasers with LEDs (Light Emitting Diodes) for the purpose of illumination. The infrared radiations emitted by warm objects are detected by thermal infrared imagers directing them to infrared sensor array. These sensor arrays convert infrared signals into electrical signals that are then converted into an image.